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Board Beginners & Help
Re: Bitcoin price skyrocket?
by
Stephen Gornick
on 17/07/2012, 23:43:44 UTC
Anyone knows if the price is going to go down sometimes, or will it just continue to raise?

Everyone can see that this rise in price is boosted by speculation.  But the saying is that nobody rings a bell at the top.  There are a lot of technical traders thinking there is room to go up to $12 though.

That being said, we're still down nearly 75% from 2011's high.